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Retirement Interest Only Mortgages for Older Borrowers

Your home may be repossessed if you do not keep up repayments on your mortgage.What are Retirement Interest-Only Mortgages? Retirement Interest Only mortgages (often referred to as RIO mortgages) are very similar to standard Interest Only mortgages, where you are only paying the interest per month. The key difference is that RIO mortgages are aimed

By |2022-12-02T12:46:36+00:00June 11th, 2021|Mortgage Advice|

Building, Maintaining and Preparing your Credit Score

Your home may be repossessed if you do not keep up repayments on your mortgage. Building, Maintaining, and Preparing your Credit Score With the increasing number of hurdles put in front of us when arranging mortgages, it pays to get all of your ducks in a row. There is nothing more frustrating than saving up

By |2022-12-08T15:00:21+00:00October 16th, 2020|Mortgage Advice|

Housing Market Hurdles – Advice for First Time Buyers

Your home may be repossessed if you do not keep up repayments on your mortgage. Think carefully before securing other debts against your home; your home may be repossessed if you do not keep up repayments on your mortgage. Housing Market Hurdles - Advice on Mortgages for First Time Buyers It goes without saying that

By |2022-12-08T15:01:57+00:00October 2nd, 2020|Mortgage Advice|

What is a Joint Borrower Sole Proprietor Mortgage?

Your home may be repossessed if you do not keep up repayments on your mortgage.What is a Joint Borrower, Sole Proprietor Mortgage? Joint Borrower, Sole Proprietor mortgages are a fairly new breed of mortgage offered by a select few lenders. It means that you can add a ‘joint borrower’, typically a parent, so that you

By |2022-12-02T11:52:06+00:00June 11th, 2020|Mortgage Advice|

10 Questions for First Time Buyers

Your home may be repossessed if you do not keep up repayments on your mortgage. 10 Questions for First Time Buyers We get a lot of First Time Buyers come to us with similar questions. We decided to put a blog together with some of the more common questions all in one place. If

By |2023-04-22T11:09:59+00:00June 6th, 2020|Mortgage Advice|

20 Mortgage FAQs

Your home may be repossessed if you do not keep up repayments on your mortgage. 20 Mortgages FAQs 1. What does LTV mean? LTV stands for Loan to Value. It is calculated by dividing the loan by the value of the property. If you have a £150,000 mortgage on a £200,000 property, your LTV is

By |2023-05-19T11:53:42+00:00June 3rd, 2020|Mortgage Advice|

What Is A Mortgage Product Switch?

Your home may be repossessed if you do not keep up repayments on your mortgage.What Is A Mortgage Product Switch? When your current mortgage product comes to an end it is vital that you reassess to make sure that you aren’t paying too much for your mortgage, this is called ‘remortgaging’. A ‘Product Switch’, sometimes

By |2022-12-02T12:04:59+00:00June 3rd, 2020|Mortgage Advice|

Can My Parents Loan Me A Deposit As A First Time Buyer?

Your home may be repossessed if you do not keep up repayments on your mortgage.Can my parents loan me a deposit as a First Time Buyer? Help from parents is incredibly common in the current market but most lenders require these funds to be gifted, not loaned. If your parents are ‘gifting’ you money, the

By |2022-12-02T12:04:57+00:00June 3rd, 2020|Mortgage Advice|

Let to Buy Mortgages

Your home may be repossessed if you do not keep up repayments on your mortgage.The Financial Conduct Authority does not regulate most Buy to Let Mortgages.Can I take money out of my existing property to help buy a new one? Short answer, yes. There are many reasons you can take equity out of your property

By |2022-12-02T11:43:48+00:00June 3rd, 2020|Mortgage Advice|